NVE Corp
NVEC
95 hedge funds and large institutions have $366M invested in NVE Corp in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 11 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
12% more capital invested
Capital invested by funds: $325M → $366M (+$40.5M)
1.55% more ownership
Funds ownership: 76.79% → 78.34% (+1.5%)
5% less funds holding
Funds holding: 100 → 95 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IP
Isthmus Partners
Madison,
Wisconsin
|
+$6.39M |
| 2 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$4.78M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.49M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.29M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.17M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$2.49M |
| 3 |
Morgan Stanley
New York
|
-$1.24M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.12M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$733K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRAM
101
Stone Ridge Asset Management
New York
| – | -$205K | -2,345 | Closed |
|
|
MWNA
102
Marshall Wace North America
New York
| – | -$47K | -541 | Closed |
|
|
TSW
103
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$35K | -400 | Closed |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| – | -$19K | -214 | Closed |
|
105
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$3K | -33 | Closed |
|
|
RCAG
106
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$1.05K | -12 | Closed |
|
NVEC Hedge Fund Activity: Q1 2019 in Review
95 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in NVE Corp (NVEC) for Q1 2019, worth a combined $366M — up 12% from $325M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NVEC and 6 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 37 added.
The largest buyer was Isthmus Partners, adding an estimated $6.39M. The largest seller was Wasatch Advisors, cutting an estimated $3.17M.
- 95 institutional investors held NVE Corp (NVEC) as of Q1 2019, down from 100 in Q4 2018.
- Funds reported $366M of NVE Corp stock for Q1 2019, up 12% quarter-over-quarter.
- 6 funds opened new NVE Corp positions in Q1 2019 and 11 closed out, a net change of -5 holders.
- The largest NVE Corp buyer in Q1 2019 was Isthmus Partners, an estimated $6.39M added.
- The largest NVE Corp seller in Q1 2019 was Wasatch Advisors, an estimated $3.17M sold.
Based on aggregated 13F filings for Q1 2019.